Panama Canal Traffic Slightly Declines in August

In August, the Panama Canal saw a slight decline in ship traffic, with an average of 32.5 ships passing through daily compared to 32.6 ships in July, according to a recent bulletin from the canal authority.

The inter-oceanic waterway, which ranks as the world's second-busiest, has witnessed an uptick in activity since last year when restrictions tied to a severe drought were lifted. Despite this recovery, the canal has yet to fully utilize its 36 available slots per day.

This marginal dip signals ongoing challenges to reach maximum throughput, showcasing the complexities facing the maritime industry within this critical global trade route.